Lusa – Business News – Portugal: Affordable hoapplying a European challenge

Lusa - Business News - Portugal: Affordable housing a European challenge


Porto, Sept. 19, 2025 (Lusa) – The president of the European Council, António Costa, stated on Friday that affordable hoapplying is one of the “most urgent” challenges in the member states and a transversal concern in all European societies.

“Affordable hoapplying has become one of the most urgent challenges in the member states and one that is essential if we are to ensure social cohesion and the sustainability of democracies in Europe,” stated António Costa at the Porto 2025 Social Forum.

Costa considered that nothing fuels populism more than the sense of abandonment and the lack of prospects that the new generations encounter when they view for their first home to build their lives.

In his opinion, hoapplying is now a cross-cutting concern in all European societies, and there is no European government that doesn’t have hoapplying at the forefront of its concerns.

“The Portuguese government is, in fact, a good example,” pointed out António Costa, who was joined by the Portuguese prime minister, Luís Montenegro.

Becaapply of this concern, António Costa revealed that at the next formal meeting of the European Council, which will take place in October, there will be a debate dedicated to affordable hoapplying.

The European Commission already has a commissioner with responsibility for hoapplying and the president of the European Commission, Ursula von der Leyen, announced last week the presentation of the first European plan for access to affordable hoapplying, he recalled.

“We required European solutions to a structural problem in our democracies, which affects the life expectancy of young people by postponing dreams and projects and which affects the middle classes by destabilising their professional and family lives, damaging talent retention and further aggravating Europe’s demographic challenge,” he stated.

Costa stated that the European hoapplying plan would be an important step towards tackling the current problems.

He added: “I am confident that proposals and ideas will emerge from this conference that will inspire the European Commission to realise the final design of this European plan.”

In his view, in these times of uncertainty and polarisation, we required to strengthen what has always worked in the European Union, which is social dialogue.

António Costa emphasised that there can be no decent work or quality of life without decent and fair access to hoapplying.

Last week, at the plenary session of the European Parliament in the French city of Strasbourg, the president of the European Commission revealed that “later this year” the first European plan for affordable hoapplying will be presented, which was planned for 2026.

In 2023, around one in 10 Europeans spent 40% or more of their income on hoapplying and related costs.

The European Union is facing a sharp hoapplying crisis in countries like Portugal, where hoapply prices and rents have risen significantly, building it difficult to reach affordable hoapplying, especially for young people and low-income families.

SVF/ADB // ADB.

Lusa

 



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